Member Info for JG68

https://www.thenationalnews.com/business/economy/2022/06/21/adnoc-identifies-19bn-of-products-with-local-manufacturing-potential/

Reason it held up today has to be the US was closed.
Be business as usual tomorrow.

Serco trading update on Thursday, where does it say CPI are updating next week?
Can't see it on the website.

Very poor show on such a good day, markets know something.

Er no!

Mine is down 150k and it's giving me sleepless nights. And most of it is 3 stocks.
This is meant to be my get out if trouble share, but without a major Adnoc contract, going to have to wait some time.

Unfortunately dow futures pulled right back and we're following, everything's retreating, UK markets don't seem to be able to act alone .
Plus it's that witching Friday!!

Thanks Ian

I guess I'm concerned about everything right now being heavily down on 3 stocks in particular including this one, and I'm always a bit suspicious that sometimes companies use the first update to get out any bad news so there are no surprises during the formal half year update.

Anyone a bit concerned as to why they feel they need to do a trading update end of June with HY due only 6 weeks later?

Seatank
It's the only thing that makes any logical sense what you say about what this slide is driven by.
Every update has forecast revenue growth, debt is manageable, the fundamentals look solid enough, so the only conclusion can be that the market is not valuing companies by their credentials, but by what you've said.
And as far as IIs, I think capital research are the largest holder 18.1%, followed by Mastercard 8 9%, there are others around 6-7% including Blackrock, but I think looking at the daily trades, a majority are AT and not PIs, and I think that is why the SP here is so easily vulnerable to considerable downturns on ridiculous 100- 200 sells at times.

Personally I think IR are useless here, not exactly sure what they do, because they aren't attracting any significant IIs to the table.
I need 280 to break even on 50k shares, so I'm far from happy here and anticipate having to wait a while, hope I'm still alive.
Out of interest who is the existing other company already in play that you referred to in your last point about a third?

Exactly, it's good people are positive and ramp this up, but the reality is even companies with solid fundamentals and minimal debt are getting hammered.
SP valuations are now based on fear and sentiment with a few exceptions, for example Serco!!

Wish I sold yesterday, and bought back today.
These markets are unbearable at the moment, and probably will be for some time yet.

More chance of 22 than 26 in these markets

Let's just hope that the wall street rally following Powels press conference continues tomorrow and there isn't a delayed negative reaction.
BOE may well raise by 0.5 tomorrow, not really sure if it's priced in here, but as long as that idiot Bailey doesn't start using words like "apocalyptic " again, and is clear about their pathway, the markets should be ok with that.
I think that CPI wants to move north but is always held back by general volatility, so if markets manage to have a calmish few days of stability , we may well start climbing nicely.

Just as likely to pullback to 22-23 in these markets.
The only thing that will re-rate this stock price is proof in the numbers that the transformation is bearing fruit, revenue decline in Experience has at least reduced, and debt is reduced and manageable.
This might have held up quite well recently and shown uptrend for about a month, but it's still significantly down to where it was in December.
What we need is an offer, that would solve everything.

Forget about this until we get significant contracts to fill the order backlog.
We know what's in next week's trading update, they almost don't need to do one given the AGM statement, it's just very weak unfortunately for shareholders.

Was looking good until 30 mins ago. Lots of very small sells, Nasdaq futures look up, Ftse 250 up, hopefully just an intra day pullback.
But this share really tests your patience over time.

Plus entry into saudi should see further revenue growth. Can't see how a company like this which home markets produce oil, is affected by inflation.
It defies any logic how this just falls and falls on no volume, with strong fundamentals.
There was some very large buys last week, approximately 8 million in a few days, no large sells, and down she goes.
IR are hopeless, really don't know why they're employed.
I'm sat on 50k shares at 2.80 , this is ruining my portfolio.

It's either goverment scrapping electric car grants, or covid in Beijing.
Any excuse to punish UK stocks.